Key facts
- Visa intends to reduce its workforce by 7%.
- This reduction will affect approximately 2,600 employees.
- The information was reported by Bloomberg News.
- A staff memo was cited as the source of the information.
Payments processor Visa is planning to cut 7% of its global workforce, which equates to approximately 2,600 jobs. The news was reported by Bloomberg News on Tuesday, citing a staff memo.
This development comes as other major companies, such as Meta and Autodesk, have also announced significant workforce reductions in recent times.